Business Coach and Business English teacher
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The millionaire next door does NOT: Use Time as a Measurement for Success – The millionaire next door measures success based on output quality, the results. The amount of time spent on something means nothing if the results do not meet the expectations. Buy Brand New Cars – Why would anyone pay the full retail price worth half a year’s […]
» Read moreStanley and Danko, authors of The Millionaire Next Door, identified seven common denominators of real millionaires: They live well below their means. They pursue wealth very efficiently. They have little interest in social status. They got no financial help from their parents. Their adult children pay their own way. They identify profitable markets. They choose occupations wisely.
» Read moreCaviar and vintage Budweiser As part of their research, the authors of The Millionaire Next Door interviewed a group of decamillionaires—people with a net worth of $10 million or more. To make the decamillionaires at home, they rented a Manhattan penthouse and put on a spread of four pates and three caviars along with expensive vintage wines. The first decamillionaire […]
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